Where to live in the city and why

Shortlisting units in Ultimo

There’s a nice buzz heading down Quay Street in Ultimo toward UTS. You’ll find a young university crowd grabbing coffees at one of the suburb’s funky new joints, or some noodles in nearby Chinatown, or they’re just milling about in the sun on the way to class. For a student or recent grad seeking an interesting and upbeat inner-city vibe, Ultimo and Haymarket seem like really attractive options.

What’s the rent?

Median rent on a one bedroom unit is $575 per week. (REA Group)

What’s the price?

Median price on a one bedroom unit is $661,500. (REA Group)

It’s the inner city, you’ll pay for more space!

Median rent on two bedrooms jumps significantly to $750 per week, which is a bigger leap than in other Sydney suburbs and well above the city’s inner-city median of $685, as per NSW government numbers in March.